Circle Mints 1 Billion USDC on Solana in 24 Hours, 1.75 Billion in 2026 So Far

Circle Expands Presence on Solana Network

According to recent on-chain data from OnchainLens, Circle minted a massive 1 billion USDC on the Solana network within the past 24 hours. This surge highlights Solana's growing role as a preferred high-performance blockchain for stablecoin deployment and decentralized finance (DeFi) activity.

Strong USDC Growth Momentum in 2026

Year-to-date in 2026, Circle has issued a total of 1.75 billion USDC on Solana. This accelerating issuance reflects rising demand for fast, low-cost transaction rails, as well as expanding use cases across lending platforms, decentralized exchanges, and digital asset markets.

• Solana’s high throughput and low fees make it ideal for large-scale stablecoin operations
• USDC is widely used in DeFi, NFT trading, and cross-border payments on Solana
• Transparent on-chain issuance builds investor and user confidence

The recent spike may be linked to new project launches, increased cross-chain activity, and higher DEX trading volumes, signaling a robust growth phase for the Solana ecosystem.